Kathmandu Updates H1 Results
Kathmandu Group expects EBIT to be up 40% year-over-year for the fiscal first half ended Jan. 31, including three months of contribution and deal-related expenses from the Rip Curl acquisition that closed Oct. 31. In the Outdoor segment, Kathmandu had +1.5% same store sales growth in H1, and online sales grew over 30%. But gross margin at the Australian and New Zealand retail banner contracted 140 basis points due to foreign ... Log in to view full article.